A promotional flyer for a Financial Literacy Workshop features bold text and financial icons in the foreground against a blurred office background.

Beta Epsilon Sigma Chapter Of Phi Beta Sigma Fraternity Inc

Enjoy the full program with access to all main activities.

General Participant

Financial Foundation Summit II brings together local leaders, entrepreneurs, and families to explore practical paths to building generational wealth. We focus on clear steps you can take today to strengthen your financial future. 💼 Hosted by the Beta Epsilon Sigma Chapter of Phi Beta Sigma Fraternity, Inc., this summit reflects our commitment to brotherhood, scholarship, and service. Your participation supports minority-owned and small businesses as they grow, hire locally, and create lasting stability in our community. 📈 Pillar 1: Intro to Investing &amp; Market BasicsThe Goal: Moving from just saving money to investing it so your wealth can outpace inflation and grow automatically over time.Core Topics:● &nbsp; &nbsp; The Power of Compound Interest: A simple breakdown of the math that turns small, consistent investments into massive long-term wealth (making your money work for you).● &nbsp; &nbsp; Stock Market Basics: Demystifying what stocks (owning a piece of a company) and bonds (loaning money to a company or government) actually are, and how they make you money.● &nbsp; &nbsp; ETFs and Mutual Funds (The Safe Route): Why buying a single basket of hundreds of stocks (like an index fund) is much safer and smarter for the average person than trying to pick individual stocks.● &nbsp; &nbsp; How to Open an Account: A step-by-step guide on how easy it is to set up a regular brokerage account online and automate small monthly contributions.● &nbsp; &nbsp; Investing vs. Gambling: Understanding the difference between long-term, patient investing and high-risk, emotional trading (like chasing trendy &quot;meme stocks&quot; or crypto).Pillar 2: Retirement Planning &amp; Workplace BenefitsThe Goal: Learning how to grow your retirement nest egg while keeping as much money as possible away from the IRS.Core Topics:● &nbsp; &nbsp; Traditional vs. Roth Accounts: Understanding the difference between paying taxes later (Traditional 401k/IRA gives you a tax break today, but you are taxed when you withdraw) versus paying taxes now (Roth 401k/IRA lets your money grow and come out 100% tax-free).● &nbsp; &nbsp; Free Money (The Employer Match): Why every employee should contribute enough to their workplace retirement plan to get the full company match, which is essentially a guaranteed 100% return on your money.● &nbsp; &nbsp; The Health Savings Account (HSA) Secret: How to use an HSA as a secret retirement account where money goes in tax-free, grows tax-free, and comes out tax-free for medical needs.● &nbsp; &nbsp; Growing Cash Value Tax-Free (IULs): A simple look at how Indexed Universal Life policies allow you to build up cash inside an insurance plan that you can borrow against completely tax-free later in life.● &nbsp; &nbsp; Guaranteed Income for Life (Annuities): An introduction to Fixed Indexed Annuities, which act like a personal pension plan&mdash;protecting your principal from stock market crashes while promising a paycheck every month for the rest of your life.Pillar 3: Real Estate &amp; Homeownership as an AssetThe Goal: Understanding how buying a home or property helps build long-term wealth for your family.Core Topics:● &nbsp; &nbsp; Getting Ready to Buy: The basics of what banks look for (credit scores, steady income, and managing your current monthly debts) and finding free money through first-time homebuyer down payment assistance programs.● &nbsp; &nbsp; Buying Your First Home: How mortgages work, understanding interest rates, and knowing the true costs of owning a home versus renting.● &nbsp; &nbsp; &quot;House Hacking&quot; (Letting Tenants Pay Your Mortgage): A simple introduction to buying a duplex or a home with extra space, where you live in one part and rent out the other so your tenants help pay your monthly mortgage.● &nbsp; &nbsp; Intro to Rental Properties: How regular families can buy a second, budget-friendly property to rent out for extra monthly income and long-term savings.● &nbsp; &nbsp; Using Your Home&#39;s Value Wisely: Explaining what &quot;home equity&quot; is and how to safely use the value of your home to fund things like college or renovations, without falling into predatory loan traps or risking your home.Pillar 4: Insurance &amp; Risk ManagementThe Goal: Building a strong defensive shield around your money so a single accident, illness, or lawsuit doesn&#39;t wipe out your family&rsquo;s savings.Core Topics:● &nbsp; &nbsp; Term vs. Whole Life Insurance: Understanding the simple difference between renting coverage for a set time (Term is cheap and pure protection) versus owning it for life (Whole/Permanent builds a cash value you can use).● &nbsp; &nbsp; Protecting Your Paycheck (Disability): Why protecting your ability to earn an income with short- and long-term disability insurance is just as critical as insuring your car or home.● &nbsp; &nbsp; Navigating Health Insurance: Breaking down how deductibles, copays, and out-of-pocket maximums work so you can pick the right health plan and avoid unexpected medical debt.● &nbsp; &nbsp; Property &amp; Asset Protection: Reviewing standard home and auto insurance limits, and introducing &quot;Umbrella liability&quot; policies to protect your personal net worth from major lawsuits.

Financial Foundation Summit II brings together local leaders, entrepreneurs, and families to explore practical paths to building generational wealth. We focus on clear steps you can take today to strengthen your financial future. 💼 Hosted by the Beta Epsilon Sigma Chapter of Phi Beta Sigma Fraternity, Inc., this summit reflects our commitment to brotherhood, scholarship, and service. Your participation supports minority-owned and small businesses as they grow, hire locally, and create lasting stability in our community. 📈 Pillar 1: Intro to Investing &amp; Market BasicsThe Goal: Moving from just saving money to investing it so your wealth can outpace inflation and grow automatically over time.Core Topics:●     The Power of Compound Interest: A simple breakdown of the math that turns small, consistent investments into massive long-term wealth (making your money work for you).●     Stock Market Basics: Demystifying what stocks (owning a piece of a company) and bonds (loaning money to a company or government) actually are, and how they make you money.●     ETFs and Mutual Funds (The Safe Route): Why buying a single basket of hundreds of stocks (like an index fund) is much safer and smarter for the average person than trying to pick individual stocks.●     How to Open an Account: A step-by-step guide on how easy it is to set up a regular brokerage account online and automate small monthly contributions.●     Investing vs. Gambling: Understanding the difference between long-term, patient investing and high-risk, emotional trading (like chasing trendy "meme stocks" or crypto).Pillar 2: Retirement Planning &amp; Workplace BenefitsThe Goal: Learning how to grow your retirement nest egg while keeping as much money as possible away from the IRS.Core Topics:●     Traditional vs. Roth Accounts: Understanding the difference between paying taxes later (Traditional 401k/IRA gives you a tax break today, but you are taxed when you withdraw) versus paying taxes now (Roth 401k/IRA lets your money grow and come out 100% tax-free).●     Free Money (The Employer Match): Why every employee should contribute enough to their workplace retirement plan to get the full company match, which is essentially a guaranteed 100% return on your money.●     The Health Savings Account (HSA) Secret: How to use an HSA as a secret retirement account where money goes in tax-free, grows tax-free, and comes out tax-free for medical needs.●     Growing Cash Value Tax-Free (IULs): A simple look at how Indexed Universal Life policies allow you to build up cash inside an insurance plan that you can borrow against completely tax-free later in life.●     Guaranteed Income for Life (Annuities): An introduction to Fixed Indexed Annuities, which act like a personal pension plan—protecting your principal from stock market crashes while promising a paycheck every month for the rest of your life.Pillar 3: Real Estate &amp; Homeownership as an AssetThe Goal: Understanding how buying a home or property helps build long-term wealth for your family.Core Topics:●     Getting Ready to Buy: The basics of what banks look for (credit scores, steady income, and managing your current monthly debts) and finding free money through first-time homebuyer down payment assistance programs.●     Buying Your First Home: How mortgages work, understanding interest rates, and knowing the true costs of owning a home versus renting.●     "House Hacking" (Letting Tenants Pay Your Mortgage): A simple introduction to buying a duplex or a home with extra space, where you live in one part and rent out the other so your tenants help pay your monthly mortgage.●     Intro to Rental Properties: How regular families can buy a second, budget-friendly property to rent out for extra monthly income and long-term savings.●     Using Your Home's Value Wisely: Explaining what "home equity" is and how to safely use the value of your home to fund things like college or renovations, without falling into predatory loan traps or risking your home.Pillar 4: Insurance &amp; Risk ManagementThe Goal: Building a strong defensive shield around your money so a single accident, illness, or lawsuit doesn't wipe out your family’s savings.Core Topics:●     Term vs. Whole Life Insurance: Understanding the simple difference between renting coverage for a set time (Term is cheap and pure protection) versus owning it for life (Whole/Permanent builds a cash value you can use).●     Protecting Your Paycheck (Disability): Why protecting your ability to earn an income with short- and long-term disability insurance is just as critical as insuring your car or home.●     Navigating Health Insurance: Breaking down how deductibles, copays, and out-of-pocket maximums work so you can pick the right health plan and avoid unexpected medical debt.●     Property &amp; Asset Protection: Reviewing standard home and auto insurance limits, and introducing "Umbrella liability" policies to protect your personal net worth from major lawsuits.

Beta Epsilon Sigma Chapter Of Phi Beta Sigma Fraternity Inc

Financial Foundation Summit II - Building Generational Wealth

3011 Sparkman Dr NW

General Participant

Free

Add a donation